Business and Economic News

Politics Friday: The fate of a sports betting bill and a TikTok ban
March Madness is upon us, so it’s a perfect time to check in on sports betting legislation at the Capitol. Who wants it, who doesn’t? Plus, a look at the proposal in Congress to ban TikTok if it doesn’t get a new owner.
St. Paul teachers OK new contract set to boost pay, benefits
The deal includes a $3,500 salary increase for licensed staff this school year and a 4 percent increase in 2024-25. It’s set to go to the St. Paul school board for approval next week. The two sides came together during negotiations last week, averting a strike.
Meta to open data center in Rosemount in 2026
Meta is set to open a new data center in Rosemount in 2026, spurring local development in infrastructure advancements and job creation.
Union workers push for health care and insurance bills following coordinated strikes
After thousands of Twin Cities union workers went on strike last week, workers are pushing for changes at the Capitol — including public health insurance open to all Minnesotans and insurance for striking workers. 
3M appoints new CEO to lead company
3M has appointed its next chief executive officer, choosing a candidate from outside the company.
Doctor responds to Allina’s planned shuttering of pediatric services at Mercy Hospital Fridley
Allina cites declining pediatric patient volume and high renovation costs of operating rooms as part of the rationale. The decision could mean job loss for providers and disrupted patient care.